Tag: China.steel

  • Steel stocks at Chinese traders decline further

    Steel stocks at Chinese traders decline further

    Chinese traders saw their stocks of the five major steel products continue declining during August 19-25, but the total volume fell at a slower pace of 1.7% on week, as against the 2.8% on-week decline seen in the prior week, Mysteel’s latest survey showed. The pressure to destock may gradually increase, with finished steel output…